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The elected staff of the Casino group, in financial difficulties, have initiated a procedure called "right to economic alert" in order to have more information on the situation of their company, AFP learned Monday from union sources. The representative trade unions have agreed “unanimously” to promote this procedure, which reflects the concerns of employees and allows them to ask management for explanations.
An expert was commissioned in this context, with three unions of the distributor employing 200,000 people worldwide, including more than 50,000 in France. The trade unions have "appointed an expert to go on a right of economic alert", indicated Monday Nathalie Devienne, of the first organization of the group, SNTA-FO. As part of this procedure, "two sheets of questions were given to the management" of Distribution Casino France (DCF), the entity where the activity of Casino in France is housed. This, in order to know in more detail the economic situation of the distributor of Saint-Etienne origin. “When we have the answers from management, we will trigger the right to alert procedure”, indicates Nathalie Devienne again.
"We have to go through it to trigger a possible right of alert", explains for his part Jean-Luc Farfal, group delegate for the CFDT, concerned about the "debt" of the distributor, which earned him having entered into a renegotiation procedure, known as conciliation, with its creditors at the end of May. This procedure should last four months, plus an optional month. Frédéric Buisson, of the UNSA, also confirmed the launch of this procedure.
The Casino CSEC was convened on Monday to study the list of stores that will be sold to competitor Intermarché, the third largest supermarket chain in France. 57 stores must be sold by the end of the year, including 10 hypermarkets, according to information from the specialized media LSA confirmed Monday by several sources. However, the list may change following examination by the Competition Authority in particular. In total, 119 stores, located mainly outside Casino's key business areas (Ile-de-France, Rhône-Alpes Provence-Alpes-Côte d'Azur) must be sold since, in addition to the 57 mentioned above, 62 should be sold within three years.
The operation is a reason for concern for the representatives of the employees affected by this change of sign because at Intermarché, social policy depends on each store owner, the sign being a group of independents.
